How Do You Stay True To Your Morals When Making Business Decisions?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 25 June 2015

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's question comes from Matt, who asks about making business decisions. How do I stay true to my morals when someone is offering me a lot of money? Do you have a question about making good business decisions? Record it at http://www.askpat.com/.

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Transcript

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0:00.0	AskPath.
0:07.0	What's up, everybody, Patflin here, and welcome to episode 373 of Ask Pat. Thank you so much for joining me today.
0:16.4	As always, I'm here to help you by answering your online business questions five days a week.
0:20.6	All right, here's today's question from Matt.
0:23.0	Hi, Pat. It's Matt from the UK here. My question for you is, how often do you need to check
0:28.7	your moral compass? What I mean by that is when, for example, you're selling content or doing
0:34.4	affiliate marketing or speaking engagements, etc. What is your process for making
0:38.9	sure you don't represent something you may feel guilty about in future, especially when it's
0:44.5	tied to a lot of money? Thank you. Cheers.
0:48.3	Hey Matt, what's up? Thank you so much for this question. And I love this question because this is
0:51.6	definitely something that all of us have to do. We always have to check our moral compass. A lot of that begins with understanding what it is that you do and why you do that. And really your why is going to be your main driver for everything. And when you check in with yourself every once in a while, you have to be reminded or remind yourself of what those whys are.
1:11.5	And a lot of you know that my whys involve my kids and the future of my kids and being an example
1:16.5	for my kids.
1:17.2	So with me, I often think about my children when I make certain decisions in my business.
1:22.7	Whenever I come across a potential deal that may involve a lot of money, which does happen a lot. I do get a lot of
1:28.9	people who want to sponsor my podcasts and offer top dollar for it. I do have a lot of people who
1:33.6	want to be JV partners, joint venture partners with me to help promote their products and they're offering
1:38.3	quite a bit of money of substantial amount of money. I mean, literally I could be making millions
1:43.5	a month right now, but I mean, literally I could be making millions a month
1:44.7	right now, but I choose not to do that because those particular products just don't fit with
1:51.6	what I want to share, with what my goals are, and who I want to be. A lot of those different
1:56.4	programs, I'm not going to mention any specifically, but people would have a different
	...

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